
Mixed Signals: Fluctuating Home Prices Across US Cities
According to the latest S&P CoreLogic Case-Shiller Indices report, home prices in some major metro areas decreased slightly in November, ending a streak of monthly gains, but rose annually. Detroit, MI saw the highest year-over-year gain in home prices, while San Diego, CA followed with an 8% increase. Despite some cities experiencing slight declines in home prices, overall prices are likely to continue rising as the market picks up, with demand for homes expected to increase in 2024.
